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DAILY COMMODITY REPORT 12TH FEBRUARY 2013

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HEADLINES
Gold falls to 1-month low on weak physical demand. Gold fell to a one-month low on, hit by technical selling after prices slid through support at $1,650 an ounce, and as investment appetite for physical metal dropped. Analysts said downward moves were exaggerated due to low liquidity, as China, Japan, Singapore, Hong Kong, Korea and other Asian markets were closed this week for Lunar New Year. Until physical bullion buyers resurface, we see gold as likely to face further nearterm pressure. As China Starts Holiday, Comex Copper Slips to One-Week Low. Copper fell to the lowest price in almost two weeks on as traders bet that a weeklong holiday in China, the top consumer of the industrial metal, would hit demand. Copper for March delivery, the most actively traded contract, fell 3.7 cents, or 1%, to settle at $3.7225 a pound on the Comex division of the New York Mercantile Exchange, the lowest settlement since Jan. 29. Traders in China, Japan, and several other Asian markets were out Monday for holidays. Markets in China will remain closed through the week for festivities around the Lunar New Year. China accounts for about 40% of global copper consumption.

TRADING TIP:

Sell Gold Apr Below 30550 TGTS-30400/30200 SL-30700

Sell Aluminium Feb Below 111.80 TGTS-111/110 SL- 112.50

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PRODUCT NAME

EXP DATE

OPEN

HIGH

LOW

CLOSE

LTP

CHG

PERCENTAGE CHANGE

CHANA CHILLI GUR JEERA

7/19/2012 7/19/2012 7/19/2012 7/19/2012 7/19/2012

4556 5060 1188 14955 1044

4573 5060 1188 14960 1053

4525 5018 1178 14650 1035

4560 5120

4532 5018 1178 14800 1041 1.50 42435 -0.20 781.3 4315 -1.00 4540 -0.60 1282 -0.80

-28 -102 -5.5 -252.5 -8 45 -1.55 12 -124 36

-0.61 -1.99 -0.46 -1.68 -0.76 5229.00 0.11 981.30 -0.2 0.28 57661.00 -2.66 30640.00 2.89 128.75

DAILY MARKET STATISTICS


1183.5 15052.5 1049

Symbol

Expiry Date

PCP

% Change

LTP

KAPAS

Crude Oil PEPPER 7/19/2012 Nickel REF SOYA 7/19/2012 SOY BEAN Silver 7/19/2012 TURMERIC 7/19/2012 Gold WHEAT Lead 7/19/2012

19-Feb-13 42300 42555 28-Feb-13 780.5 783.6 4309 5-Mar-13 4330 4600 4676 5-Apr-13 1251 28-Feb-13 1282

5152.00 42250 42390 982.80 777.4 782.85 4265.5 58246.00 4303 4518 4664 30815.00 1251 129.80 1246

Zinc

28-Feb-13

117.60

-0.20

117.40

Copper

28-Feb-13

445.85

-0.40

444.00

Aluminium

28-Feb-13

112.55

-0.40

112.15

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DAILY MCX GOLD CHART

ANALYSIS
OPEN: 30829 HIGH: 30835 LOW: 30583 CLOSE: 30640

GOLD LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISE

DAILY MCX SILVER CHART

ANALYSIS
OPEN: 58309 HIGH: 58360 LOW: 57542 CLOSE: 57661

SILVER LOOKS DOWNWARD TREND: BEARISH STRATEGY: SELL ON RISE

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